Services supplied to SEZ
This query is : Resolved
11 April 2011
Services are supplied to unit localted in sez. The services are consumed within sez premises....in such case no service tax shall be levied by servce provider
whehter any form / document / declaration should be ontained from SEZ unit in such cases?
whether it is sufficient for the service provider that he has provided the services in sex premises to claim exemption ?
whehter any form / document / declaration should be ontained from SEZ unit in such cases?
whether it is sufficient for the service provider that he has provided the services in sex premises to claim exemption ?
11 April 2011
it is understood.
A Special Economic Zone (SEZ) is a specified duty free zone deemed to be a foreign territory within the country for the purpose of tariff and trade. The objectives of SEZ include promotion of goods and services leading to enhanced economic activities, investment promotion, development of infrastructure, creation of employment opportunities etc. SEZ’s could be multiple product SEZ’s, sector specific, IT sector, free trade and warehousing, gem and jewellery sector, biotechnology etc. SEZ’s enjoy a host of fiscal and tax benefits. Indirect tax exemptions include customs duty, central excise duty, service tax, central sales tax, stamp duty and other miscellaneous taxes and duties. Direct tax exemptions include income tax, dividend distribution tax, securities transaction tax, minimum alternate tax etc.
for more info:-
https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=1240
A Special Economic Zone (SEZ) is a specified duty free zone deemed to be a foreign territory within the country for the purpose of tariff and trade. The objectives of SEZ include promotion of goods and services leading to enhanced economic activities, investment promotion, development of infrastructure, creation of employment opportunities etc. SEZ’s could be multiple product SEZ’s, sector specific, IT sector, free trade and warehousing, gem and jewellery sector, biotechnology etc. SEZ’s enjoy a host of fiscal and tax benefits. Indirect tax exemptions include customs duty, central excise duty, service tax, central sales tax, stamp duty and other miscellaneous taxes and duties. Direct tax exemptions include income tax, dividend distribution tax, securities transaction tax, minimum alternate tax etc.
for more info:-
https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=1240
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